Period
to 23 January 2018

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in Tyne and Wear. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 23 January 2018 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Banking
North East > Tyne and Wear
6 months to
23 Jan 2018
Same period 2017 Same period 2016
Rank 76 123 68
Rank change year-on-year +47 -55 +13
Contract jobs citing Banking 20 21 42
As % of all contract IT jobs advertised in Tyne and Wear 2.11% 1.04% 2.84%
As % of the General category 13.33% 7.32% 13.13%
Number of daily rates quoted 9 18 31
Tyne and Wear median daily rate £295 £270 £400
Median daily rate % change year-on-year +9.26% -32.50% +33.33%
10th Percentile £115 £101 £300
90th Percentile £800 £506 £688
North East median daily rate £115 £308 £450
% change year-on-year -62.60% -31.67% +28.57%
Number of hourly rates quoted 0 0 1
Tyne and Wear median hourly rate - - £18.00
North East median hourly rate - - £18.00

Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Tyne and Wear with a requirement for common skills.

All General Skills
Tyne and Wear
Contract vacancies with a requirement for common skills 150 287 320
As % of all contract IT jobs advertised in Tyne and Wear 15.81% 14.24% 21.64%
Number of daily rates quoted 99 213 211
Tyne and Wear median daily rate £375 £400 £400
Median daily rate % change year-on-year -6.25% - +14.29%
10th Percentile £225 £263 £260
90th Percentile £638 £563 £555
North East median daily rate £366 £400 £423
% change year-on-year -8.44% -5.49% +18.71%
Number of hourly rates quoted 3 2 10
Tyne and Wear median hourly rate £17.10 £22.53 £16.00
Median hourly rate % change year-on-year -24.08% +40.78% -58.44%
10th Percentile £15.21 £13.57 £9.95
90th Percentile £105.43 £31.48 £48.95
North East median hourly rate £29.80 £22.53 £14.10
% change year-on-year +32.30% +59.75% -59.71%

Banking
Job Vacancy Trend in Tyne and Wear

Job postings citing Banking as a percentage of all IT jobs advertised in Tyne and Wear.

Job vacancy trend for Banking in Tyne and Wear

Banking
Contractor Daily Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking in Tyne and Wear.

Contractor daily rate trend for Banking in Tyne and Wear

Banking
Contractor Daily Rate Histogram in Tyne and Wear

The daily rate distribution of IT jobs citing Banking in Tyne and Wear over the 6 months to 23 January 2018.

Contractor daily rate histogram for Banking in Tyne and Wear

Banking
Contractor Hourly Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Banking in Tyne and Wear.

Contractor hourly rate trend for Banking in Tyne and Wear

Banking
Contract Job Locations in Tyne and Wear

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Tyne and Wear region over the 6 months to 23 January 2018. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Newcastle upon Tyne +49 19 £295 +11.32% 7
Sunderland +3 2 £115 +9.52% 1
Tyneside - 1 £115 -
Banking
North East

For the 6 months to 23 January 2018, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Tyne and Wear region with a requirement for Banking.

1 16 (80.00%) Finance
2 13 (65.00%) Linux
3 9 (45.00%) Web Services
3 9 (45.00%) ITIL
3 9 (45.00%) Middleware
3 9 (45.00%) Change Management
3 9 (45.00%) JSON
3 9 (45.00%) CMDB
3 9 (45.00%) RESTful
3 9 (45.00%) High Availability
3 9 (45.00%) Identity Access Management
4 4 (20.00%) Ansible
4 4 (20.00%) DevOps
4 4 (20.00%) InfiniBand
4 4 (20.00%) GPFS
4 4 (20.00%) Bash Shell
4 4 (20.00%) Investment Management
4 4 (20.00%) OpenMP
4 4 (20.00%) SUSE
4 4 (20.00%) Grid Computing
4 4 (20.00%) NetApp
4 4 (20.00%) Red Hat
5 3 (15.00%) Retail Banking
6 2 (10.00%) Migration
6 2 (10.00%) Stakeholder Management
6 2 (10.00%) GDPR
7 1 (5.00%) Data Cleansing
7 1 (5.00%) Stakeholder Engagement
7 1 (5.00%) Validation
7 1 (5.00%) EPoS

Banking
Co-occurring IT Skills in Tyne and Wear by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Communications & Networking
1 4 (20.00%) InfiniBand
2 1 (5.00%) ATM
General
1 16 (80.00%) Finance
2 3 (15.00%) Retail Banking
3 1 (5.00%) Corporate Banking
Job Titles
1 9 (45.00%) Technical Leader
1 9 (45.00%) Technical Support
2 4 (20.00%) Grid Engineer
2 4 (20.00%) Infrastructure Engineer
2 4 (20.00%) Infrastructure Support
2 4 (20.00%) Infrastructure Support Engineer
2 4 (20.00%) Support Engineer
3 2 (10.00%) Analyst
3 2 (10.00%) Business Analyst
3 2 (10.00%) Change Manager
3 2 (10.00%) Contracts Manager
4 1 (5.00%) ATM Engineer
4 1 (5.00%) IT Manager
4 1 (5.00%) Migration Manager
4 1 (5.00%) Payments Analyst
4 1 (5.00%) Payments Business Analyst
4 1 (5.00%) Project Manager
4 1 (5.00%) Senior Manager
4 1 (5.00%) Senior Project Manager
4 1 (5.00%) Service Manager
Libraries, Frameworks & Software Standards
1 9 (45.00%) JSON
1 9 (45.00%) Middleware
1 9 (45.00%) RESTful
1 9 (45.00%) Web Services
2 4 (20.00%) OpenMP
Miscellaneous
1 9 (45.00%) CMDB
2 4 (20.00%) Grid Computing
3 1 (5.00%) EPoS
3 1 (5.00%) Online Banking
Operating Systems
1 13 (65.00%) Linux
2 4 (20.00%) SUSE
Processes & Methodologies
1 9 (45.00%) Change Management
1 9 (45.00%) High Availability
1 9 (45.00%) Identity Access Management
1 9 (45.00%) ITIL
2 4 (20.00%) DevOps
2 4 (20.00%) Investment Management
3 2 (10.00%) Migration
3 2 (10.00%) Stakeholder Management
4 1 (5.00%) Data Cleansing
4 1 (5.00%) Stakeholder Engagement
4 1 (5.00%) Validation
Programming Languages
1 4 (20.00%) Bash Shell
Quality Assurance & Compliance
1 2 (10.00%) GDPR
System Software
1 4 (20.00%) GPFS
Systems Management
1 4 (20.00%) Ansible
Vendors
1 4 (20.00%) NetApp
1 4 (20.00%) Red Hat
2 1 (5.00%) Progress